Evaluation and development of management model for sustainable value chain in Indian construction industry

Abstract

The ‘Value of the building’ and ‘Value of Sustainability’ together yield ‘Sustainable Values to a Building’. This research explores the varying value propositions of the clients; identifies all those areas in the project development life cycle (PDLC) where the value loss can occur in the ‘Value Chain’, and assesses building industry challenges & constraints that affect value proposition in value chain. Based problems would be exaggeration. Value is a vast subject and understood differently. This research considers only intangible values to understand the factors that affect the overall Architectural values of the building. This research considers the value chain of contemporary mainstream building projects only. It touches upon the heritage value in general terms, without diving into the roots of heritage values or suggest any solution to the value chain of Restoration, Conservation, and Preservation practices though heritage and cultural conservation values are integral to “building values. “The outcome of this research is set of architectural management models as adoptable for minimizing value gaps in the process management. These models are applicable for project as a whole or independently for any stage of project. This research can be furthered by going into the designing criterions for all the values identified by this research, and that can be a ‘design research in the area of values’, and requires to fall in line with the value chain by suggesting the ingredients for each value and methods to enable it enhance and reach the client thereby improving the building values for higher satisfaction levels of the clients/users/stakeholders and delivery team. The data from this ‘PDLC research’ can be used to further ‘design research’ and ‘supply chain research’ as well.